Thousands of mortgage jobs are being eliminated by Wells Fargo & Co. as the lender reacts to declining home loan production. The latest round of layoffs is on top of more than a thousand job cuts disclosed since last month.

Subsidiary Wells Fargo Home Mortgage is laying off 2,300 employees, according to a written statement issued on Wednesday.

Impacted team members located throughout the country were provided with 60-day notices of displacement, the statement from the Des Moines, Iowa-based lender said.